The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Abbott Labs COM 002824100 7,682 200,000 SH   SOLE   200,000 0 0
Ac Immune Sa SHS H00263105 10,060 775,000 SH   SOLE   775,000 0 0
Aclaris Therapeutics Inc COM 00461U105 19,492 718,200 SH   SOLE   718,200 0 0
Activision Blizzard Inc COM 00507V109 10,941 303,000 SH   SOLE   303,000 0 0
Adecoagro S A COM L00849106 1,350 130,100 SH   SOLE   130,100 0 0
Adecoagro S A COM L00849106 14,065 1,355,000 SH   DFND 1 1,355,000 0 0
Adobe Sys Inc COM 00724F101 35,487 344,700 SH   SOLE   344,700 0 0
Aetna Inc New COM 00817Y108 62,848 506,800 SH   SOLE   506,800 0 0
Ak Stl Hldg Corp COM 001547108 23,282 2,280,300 SH   SOLE   2,280,300 0 0
Alexion Pharmaceuticals Inc COM 015351109 135,680 1,108,950 SH   SOLE   1,108,950 0 0
Alibaba Group Hldg Ltd SPONSORED ADS 01609W902 3,187 36,300 SH Call SOLE   36,300 0 0
Alkermes Plc SHS G01767105 28,974 521,300 SH   SOLE   521,300 0 0
Alphabet Inc CAP STK CL A 02079K305 68,766 86,777 SH   SOLE   86,777 0 0
Amazon Com Inc COM 023135106 34,676 46,243 SH   SOLE   46,243 0 0
Anadarko Pete Corp COM 032511107 160,315 2,299,082 SH   SOLE   2,299,082 0 0
Ariad Pharmaceuticals Inc COM 04033A100 61,538 4,946,800 SH   SOLE   4,946,800 0 0
Avexis Inc COM 05366U100 10,739 225,000 SH   SOLE   225,000 0 0
Axovant Sciences Ltd COM G0750W104 4,968 400,000 SH   SOLE   400,000 0 0
Banco Macro Sa SPON ADR B 05961W105 39,569 614,900 SH   DFND 1 614,900 0 0
Bank Amer Corp COM 060505104 154,197 6,977,261 SH   SOLE   6,977,261 0 0
Bbva Banco Frances S A SPONSORED ADR 07329M100 5,725 328,433 SH   SOLE   328,433 0 0
Bbva Banco Frances S A SPONSORED ADR 07329M100 5,107 293,000 SH   DFND 1 293,000 0 0
Berry Plastics Group Inc COM 08579W103 961 19,719 SH   SOLE   19,719 0 0
Bristol Myers Squibb Co COM 110122108 15,037 257,300 SH   SOLE   257,300 0 0
Broadcom Ltd SHS Y09827109 87,491 494,945 SH   SOLE   494,945 0 0
Cabot Oil & Gas Corp COM 127097103 34,016 1,456,174 SH   SOLE   1,456,174 0 0
Celgene Corp COM 151020104 77,877 672,800 SH   SOLE   672,800 0 0
Centennial Resource Dev Inc CL A 15136A102 10,872 551,300 SH   SOLE   551,300 0 0
Centennial Resource Dev Inc *W EXP 02/23/202 15136A110 1,180 139,732 SH   SOLE   139,732 0 0
Charter Communications Inc N CL A 16119P108 75,694 262,898 SH   SOLE   262,898 0 0
Chesapeake Energy Corp COM 165167107 55,340 7,883,123 SH   SOLE   7,883,123 0 0
Chesapeake Energy Corp COM 165167907 7,020 1,000,000 SH Call SOLE   1,000,000 0 0
Cit Group Inc COM NEW 125581801 26,427 619,200 SH   SOLE   619,200 0 0
Citizens Finl Group Inc COM 174610105 238,425 6,691,703 SH   SOLE   6,691,703 0 0
Clovis Oncology Inc COM 189464100 140,899 3,171,978 SH   SOLE   3,171,978 0 0
Colucid Pharmaceuticals Inc COM 19716T101 2,802 76,968 SH   SOLE   76,968 0 0
Comcast Corp New CL A 20030N101 282,399 4,089,769 SH   SOLE   4,089,769 0 0
Comerica Inc COM 200340107 32,162 472,200 SH   SOLE   472,200 0 0
Comstock Res Inc NOTE 9.500% 6/1 205768AN4 29,451 33,263,893 PRN   SOLE   33,263,893 0 0
Comstock Res Inc NOTE 9.500% 6/1 205768AN4 5,878 6,639,028 PRN   OTR   6,639,028 0 0
Comstock Res Inc NOTE 7.750% 4/0 205768AM6 50,374 58,619,000 PRN   SOLE   58,619,000 0 0
Comstock Res Inc NOTE 7.750% 4/0 205768AM6 10,097 11,750,000 PRN   OTR   11,750,000 0 0
Concho Res Inc COM 20605P101 141,638 1,068,160 SH   SOLE   1,068,160 0 0
Constellation Brands Inc CL A 21036P108 5,013 32,700 SH   SOLE   32,700 0 0
Continental Resources Inc COM 212015101 62,336 1,209,478 SH   SOLE   1,209,478 0 0
Csx Corp COM 126408103 2,343 65,200 SH   SOLE   65,200 0 0
Davita Inc COM 23918K108 118,783 1,850,200 SH   SOLE   1,850,200 0 0
Delta Air Lines Inc Del COM NEW 247361702 5,496 111,735 SH   SOLE   111,735 0 0
Dexcom Inc COM 252131107 18,567 311,000 SH   SOLE   311,000 0 0
Diamondback Energy Inc COM 25278X109 67,852 671,400 SH   SOLE   671,400 0 0
Encana Corp COM 292505104 108,100 9,207,837 SH   SOLE   9,207,837 0 0
Exelixis Inc COM 30161Q104 7,455 500,000 SH   SOLE   500,000 0 0
Facebook Inc CL A 30303M102 47,152 409,839 SH   SOLE   409,839 0 0
Fibrogen Inc COM 31572Q808 17,691 826,700 SH   SOLE   826,700 0 0
Fifth Third Bancorp COM 316773100 121,969 4,522,400 SH   SOLE   4,522,400 0 0
Firstenergy Corp COM 337932107 62,900 2,031,000 SH   SOLE   2,031,000 0 0
General Dynamics Corp COM 369550108 122,191 707,695 SH   SOLE   707,695 0 0
Goldman Sachs Group Inc COM 38141G104 69,345 289,600 SH   SOLE   289,600 0 0
Grupo Financiero Galicia S A SP ADR 10 SH B 399909100 6,350 235,900 SH   SOLE   235,900 0 0
Grupo Financiero Galicia S A SP ADR 10 SH B 399909100 39,878 1,481,370 SH   DFND 1 1,481,370 0 0
Grupo Supervielle S A Sponsored ADR 40054A108 35,733 2,719,441 SH   DFND 1 2,719,441 0 0
Halliburton Co COM 406216101 166,376 3,075,902 SH   SOLE   3,075,902 0 0
Healthequity Inc COM 42226A107 14,182 350,000 SH   SOLE   350,000 0 0
Humana Inc COM 444859102 75,747 371,252 SH   SOLE   371,252 0 0
Huntington Bancshares Inc COM 446150104 21,383 1,617,500 SH   SOLE   1,617,500 0 0
Intelsat S A COM L5140P101 5,966 2,234,355 SH   SOLE   2,234,355 0 0
Ishares Tr CHINA LG-CAP ETF 464287184 4,738 136,500 SH Put SOLE   136,500 0 0
Ishares Tr RUSSELL 2000 ETF 464287655 53,940 400,000 SH Put SOLE   400,000 0 0
Jpmorgan Chase & Co COM 46625H100 8,983 104,100 SH   SOLE   104,100 0 0
Keycorp New COM 493267108 187,569 10,266,509 SH   SOLE   10,266,509 0 0
L-3 Communications Hldgs Inc COM 502424104 47,063 309,400 SH   SOLE   309,400 0 0
La Jolla Pharmaceutical Co COM PAR $.0001 2 503459604 3,232 184,360 SH   SOLE   184,360 0 0
Lyondellbasell Industries N SHS - A - N53745100 584,699 6,816,267 SH   SOLE   6,816,267 0 0
Marathon Pete Corp COM 56585A102 2,246 44,600 SH   SOLE   44,600 0 0
Microsoft Corp COM 594918104 60,721 977,160 SH   SOLE   977,160 0 0
Monsanto Co New COM 61166W101 32,811 311,861 SH   SOLE   311,861 0 0
Morgan Stanley COM NEW 617446448 82,231 1,946,300 SH   SOLE   1,946,300 0 0
Norfolk Southern Corp COM 655844108 24,748 229,000 SH   SOLE   229,000 0 0
Northrop Grumman Corp COM 666807102 23,863 102,600 SH   SOLE   102,600 0 0
Nucor Corp COM 670346105 93,202 1,565,895 SH   SOLE   1,565,895 0 0
Oasis Pete Inc New COM 674215108 43,344 2,862,901 SH   SOLE   2,862,901 0 0
Oi S A Sponsored Adr NE 670851500 21,202 5,340,456 SH   SOLE   5,340,456 0 0
Olin Corp COM PAR $1 680665205 10,672 416,700 SH   SOLE   416,700 0 0
Oncobiologics Inc *W EXP 02/18/201 68235M113 19 100,000 SH   SOLE   100,000 0 0
Oncobiologics Inc *W EXP 05/18/201 68235M121 79 100,000 SH   SOLE   100,000 0 0
Pacira Pharmaceuticals Inc COM 695127100 27,261 844,000 SH   SOLE   844,000 0 0
Pampa Energia S A SPONS ADR LVL I 697660207 83,495 2,398,606 SH   SOLE   2,398,606 0 0
Pampa Energia S A SPONS ADR LVL I 697660207 76,572 2,199,706 SH   DFND 1 2,199,706 0 0
Patterson Uti Energy Inc COM 703481101 33,378 1,239,910 SH   SOLE   1,239,910 0 0
Pioneer Nat Res Co COM 723787107 5,510 30,600 SH   SOLE   30,600 0 0
Pnc Finl Svcs Group Inc COM 693475105 106,586 911,300 SH   SOLE   911,300 0 0
Radius Health Inc COM NEW 750469207 11,409 300,000 SH   SOLE   300,000 0 0
Range Res Corp COM 75281A109 20,688 602,100 SH   SOLE   602,100 0 0
Regions Finl Corp New COM 7591EP100 45,442 3,164,500 SH   SOLE   3,164,500 0 0
Revance Therapeutics Inc COM 761330109 3,623 175,000 SH   SOLE   175,000 0 0
Royal Bk Of Scotland Plc NOTE 8.000%12/3 780099CK1 37,357 39,000,000 PRN   SOLE   39,000,000 0 0
Royal Bk Scotland Group Plc NOTE 8.625%12/3 780097BB6 20,257 20,000,000 PRN   SOLE   20,000,000 0 0
Salesforce Com Inc COM 79466L302 12,939 189,000 SH   SOLE   189,000 0 0
Sanofi RIGHT 12/31/2020 80105N113 2,776 7,305,164 SH   SOLE   7,305,164 0 0
Seattle Genetics Inc COM 812578102 2,639 50,000 SH   SOLE   50,000 0 0
Southwest Airls Co COM 844741108 124,178 2,491,535 SH   SOLE   2,491,535 0 0
Southwestern Energy Co COM 845467109 31,838 2,942,551 SH   SOLE   2,942,551 0 0
Spdr S&P 500 Etf Tr TR UNIT 78462F103 771,179 3,450,000 SH Put SOLE   3,450,000 0 0
Spdr S&P 500 Etf Tr TR UNIT 78462F903 99,113 443,400 SH Call SOLE   443,400 0 0
Spdr Series Trust S&P OILGAS EXP 78464A730 2,862 69,100 SH   SOLE   69,100 0 0
Spdr Series Trust S&P REGL BKG 78464A698 1,006 18,100 SH   SOLE   18,100 0 0
Steel Dynamics Inc COM 858119100 82,935 2,330,947 SH   SOLE   2,330,947 0 0
T Mobile Us Inc COM 872590104 16,534 287,497 SH   SOLE   287,497 0 0
Targa Res Corp COM 87612G101 50,358 898,128 SH   SOLE   898,128 0 0
Terex Corp New COM 880779103 1,003 31,800 SH   SOLE   31,800 0 0
Tesoro Corp COM 881609101 37,429 428,000 SH   SOLE   428,000 0 0
Transportadora De Gas Sur SPON ADR B 893870204 16,013 1,775,228 SH   DFND 1 1,775,228 0 0
U S Silica Hldgs Inc COM 90346E103 15,768 278,197 SH   SOLE   278,197 0 0
Union Pac Corp COM 907818108 35,586 343,230 SH   SOLE   343,230 0 0
United Rentals Inc COM 911363109 89,342 846,200 SH   SOLE   846,200 0 0
United States Stl Corp New COM 912909108 21,272 644,400 SH   SOLE   644,400 0 0
Vulcan Matls Co COM 929160109 5,006 40,000 SH   SOLE   40,000 0 0
Wells Fargo & Co New COM 949746101 248,083 4,501,600 SH   SOLE   4,501,600 0 0
Westlake Chem Corp COM 960413102 41,545 742,000 SH   SOLE   742,000 0 0
Whole Foods Mkt Inc COM 966837106 27,847 905,300 SH   SOLE   905,300 0 0
Williams Cos Inc Del COM 969457100 302 9,700 SH   SOLE   9,700 0 0
Ypf Sociedad Anonima SPON ADR CL D 984245100 15,701 951,605 SH   SOLE   951,605 0 0
Ypf Sociedad Anonima SPON ADR CL D 984245100 12,491 757,013 SH   DFND 1 757,013 0 0